I expect very good performance this year for BNB.
Talking on the current chart, I expect another small pullback.
and
It will return, giving the impression of rising. I don't think you can go back without creating a final test and pattern.
If we talk about these patterns, we can draw several different patterns.
The first scenario is the flag pattern;
If it happens as I think, the price will pull back to the 400 levels and it will start to up-trend from there. If the price rebounds to 415 and above, a flag pattern will emerge.
If this happens, it appears as both the retracement of the previous harmonic pattern and the elliot wave 0.618 retracement.
If we consider the previous supply zone, it will not be too difficult for the targets to see 500 and 600 dollars, respectively.
Another alternative model is the shoulder and head.
this can give us information about their resistance in the short term.
If it catches a decrease as I expect and returns to the price levels I specified, I believe that we can see this pattern.
for this it will be possible to confirm by checking the volume candles.
Talking on the current chart, I expect another small pullback.
If we talk about these patterns, we can draw several different patterns.
The first scenario is the flag pattern;
If it happens as I think, the price will pull back to the 400 levels and it will start to up-trend from there. If the price rebounds to 415 and above, a flag pattern will emerge.
If we consider the previous supply zone, it will not be too difficult for the targets to see 500 and 600 dollars, respectively.
Another alternative model is the shoulder and head.
If it catches a decrease as I expect and returns to the price levels I specified, I believe that we can see this pattern.
for this it will be possible to confirm by checking the volume candles.